21 Hrs
Source:
عين ليبيا
New Measures to Boost Foreign Investment
The Ministry of Economy and Commerce of the Government of National Unity focused on issuing 52 decisions concerning branches of foreign companies and accredited representative offices in Libya. These decisions included opening new branches, extending and renewing existing ones, inaugurating and expanding representatives offices, as well as approving regulatory amendments in accordance with current legislation. The decisions covered companies from multiple countries such as Turkey, Egypt, the United Kingdom, Germany, Italy, and China, and targeted various sectors including oil and gas, contracting, engineering, transportation, technology, and logistics services. The aim of these measures is to regulate the activities of foreign companies, enhance transparency, transfer modern expertise and technologies, and improve the investment climate in Libya, all to support economic growth and the development of the national economy.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)